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If I hold a straddle for less than a calendar tax year do I still have to file as if I had a contructive sale?
If I enter both sides of a straddle in Feb and then exit both sides of the straddle in Mar doesn't everything wash out at the end of the year to be the same tax wise whether you consider the straddle a constructive sale or not?

Isn't this rule around to make sure that you don't avoid taxation in any tax year buy entering a straddle to lock in your gain and increase your holding period, thereby avoiding taxes until some tax year in the future?

Thanks, just a little unsure of how to play this from an option traders standpoint.

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